The following information relates to a futures market contract:
A.Initial futures price on Day 0
B.$100
C.Initial margin requirement
D.$5
E.Maintemance rnargin requirement
F.$3
G.Settlement price on Day 1
H.$103
I.Settlement price on Day 2
J.$ 96
K.Settlement price on Day 3
L.$98
参考答案:C
解析:At the end of Day 1, the balance in the investor's account would be $20 At the beginning of Day 2, the investor would be required to deposit $30 At the end of Day 2, the balance in the investor's account would be $120 At the end of Day 3, the balance in the investor's account would be $100